We’re expanding our analytical team and devoting more firepower to the smaller end of the market. John Addis explains why.

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What do you do when yield becomes expensive? If you sit on the boards of Australia’s largest companies, you succumb. Over the past five years investors have rushed into stocks paying fat, regular dividends with big companies like the banks, Telstra and Wesfarmers the primary beneficiaries. When boards have delivered on the expectation of higher dividends, higher share...

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